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Edited version of private ruling
Authorisation Number: 1011896781457
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Ruling
Subject : Overpayment by Medicare
Question
If you are overpaid Medicare benefits and Medicare does not require repayment of the overpaid amounts, would the overpaid amounts be treated as assessable income?
Answer
No.
This ruling applies for the following periods
Year ended 30 June 2010
Year ended 30 June 2011
The scheme commenced on
1 July 2009
Relevant facts
You received benefit payments from Medicare in August 2010 for the 2009-10 financial year.
The payments were classed as additional benefits.
You are concerned that you may have been overpaid.
Medicare has not sought any reimbursement.
Relevant legislative provisions
Income Tax Assessment Act 1997 Section 6-5
Income Tax Assessment Act 1997 Section 6-10
Reasons for decision
The benefit payments you have received from Medicare are not considered to be assessable income for taxation purposes. Therefore you are not required to include any amounts which may have been overpaid but not reimbursed to Medicare as income in your income tax return.